International Frontier Resources (CVE:IFR) Reaches New 1-Year Low – What’s Next?

International Frontier Resources Co. (CVE:IFR) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1010 shares. The stock had previously closed at C$0.04.

International Frontier Resources Price Performance

The company has a market capitalization of C$1.33 million, a P/E ratio of -0.88 and a beta of -0.48. The company has a debt-to-equity ratio of 8.43, a current ratio of 0.36 and a quick ratio of 0.22. The company has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

About International Frontier Resources

International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas in Mexico, Canada, and the United States. The company has oil and natural gas interests in the Central Mackenzie Valley, Northwest Territories, Canada; and owns mineral titles covering an area of approximate 15,200 acres located in Northwest Montana. It has a license contract for the extraction of hydrocarbons in the Tecolutla Block located in Veracruz, Mexico; and holds an interest in significant discovery licenses situated in Northwest Territories.